- Analytics
- Market Sentiment
Dollar net short bets inch up despite better than expected ISM report
US dollar net short bets edged up again to $30.58 billion from $30.41 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to January 5 and released on January 8. The deterioration in dollar sentiment continued as increases in bullish bets on Japanese yen, Australian dollar and euro were bigger than declines in bullish bets on Swiss franc, Pound and Canadian dollar. The increase in dollar bearish bests continued as US goods trade deficit rose to $84.8 billion in November from 80.4 billion in October, when an increase to 81.5 billion was expected, while the expansion in economic activity in US accelerated in December according to Institute for Supply Management report saying the ISM Manufacturing PMI rose to 60.7 from 57.5 in November instead of a decline to 56.6 as forecast.
CFTC Sentiment vs Exchange Rate
January 05 2021 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bullish | negative | 1146 | -53 |
AUD | bearish | negative | -303 | 192 |
EUR | bullish | negative | 21980 | 65 |
GBP | bullish | negative | 312 | -96 |
CHF | bullish | negative | 1334 | -333 |
JPY | bullish | negative | 6108 | 392 |
Total | 30577 |
New Exclusive Analytical Tool
Any date range - from 1 day to 1 year
Any Trading Group - Forex, Stocks, Indices, etc.
Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.
Last Sentiments
- 18Mar2021Weekly Top Gainers/Losers: Canadian dollar and Japanese yen
Over the past 7 days, prices for oil, non-ferrous metals and other mineral raw materials decreased but still remained high. As a result, the currencies...
- 10Mar2021Weekly Top Gainers/Losers: Canadian dollar and New Zealand dollar
Оil quotes continued to rise over the past 7 days. Against this background, the currencies of oil-producing countries, such as the Russian ruble and the...
- 4Mar2021Weekly Top Gainers/Losers: American dollar and South African rand
Over the past 7 days, oil quotes continued to grow. Precious metals, including gold, fell in price. Against this background, the shares of oil companies...